El-Erian on Coal

Mohamed El-Erian, who did not divest from coal when he was in charge of Harvard's endowment or when he was co-chief investment officer of Pimco, now applauds Stanford for announcing it will divest from coal companies: "this small but notable step provides an approach that others can emulate."

It's the sort of thing that Mr. El-Erian's editor at Bloomberg View, Mark Whitehouse, might have wanted to ask him to address in the article: "If this approach by Stanford is such a great idea, why didn't you do it yourself when you were managing billions of dollars?"

by Editor | May 8, 2014 at 11:05 amRelated Topics:Education, Energyreceive the latest by email: subscribe to the free futureofcapitalism.com mailing list